News Corp Stock Rises as Surge in Digital Subs Offsets Weak Ad Revenue—Key Level to Watch

Key TakeawaysNews Corp shares gained in pre-market trading Thursday after the company surpassed analysts' fiscal second-quarter earnings and sales estimates due to a surge in digital subscriptions.CEO Robert Thomson said the company intends to be a core content provider for generative AI companies.If News Corp shares close above their record high at $26.21 it could potentially indicate the beginning of a new cyclical uptrend. News Corporation Source: TradingView.com.News Corp (NWS) shares moved higher ah ...